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IndyCar – Chevy Front Row at Grand Prix Of Alabama
The 90-lap race starts at 1:15 p.m. (ET) Sunday, with live coverage from NBC and the INDYCAR Radio Network. Team Penske drivers have won the first three races of the season, with Scott McLaughlin capturing the season opener at St. Petersburg and Josef Newgarden winning at Texas and Long Beach. Continue reading
Congress Investigating Face Verification Vendor ID.me
The Oversight and Reform Committee is looking for records detailing all of ID.me’s federal, state, and local contracts, the number of people who submitted face scans to ID.me, the number of facial recognition errors, and information on the company’s use of many facial recognition technologies. Continue reading
Awakenings – Toyota to Nurture Butterflies, Bees, Bats
“Toyota believes in supporting pollinator populations because they are so critical to our food system,” said Becky Martin, manager of environmental sustainability at Toyota. “We are working with NEEF and P2 to enhance 26,000 acres of habitat, which is the same size as our land footprint in North America, with experts in pollinator conservation.” Continue reading
Posted in environment, global warming
Tagged auto industry commentary, autoinformed.com, bats, bees, butterflies, Ken Zino, NEEF, P2, pollinator populations
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GM CAMI – Becoming Canada’s First Full-Scale EV Plant
By September, the GM team will have prepped the building and installed the new BrightDrop production equipment. CAMI expects to begin returning employees in October for training on the new line. The first BrightDrop Zevo 600 is planned to roll off the line at CAMI in before the end of the year. Continue reading
M-B Group Runs Self-Congratulatory First Annual Meeting
Well, in the face of the ongoing pandemic and supply bottlenecks, as well as German funding of the Russian war on Ukrainian men, women, children and babies by buying Russian energy products, the financial year 2021 at Mercedes-Benz Cars, Mercedes-Benz Vans and Mercedes-Benz Mobility was successful. A dividend of €5.00 was proposed with €4.30 new reference point for dividend payments. Continue reading
Green Autonomous Mobility at Michigan State University
The Spartan bus completed on-campus testing, which did not include written college admission tests. More than 650 test runs of its route during all hours of the day helped make the official deployment possible. As part of the process to accept passengers, validation of the bus, route and infrastructure was granted by the National Highway Traffic Safety Administration (NHTSA). It appears to be the first and only SAE Level-4 automated bus that has NHTSA approval. Continue reading
Lower Credit Ratings for Firms with Poor ESG Ratings
So-called Environmental, social, and governance ethics, aka ESG, are becoming an increasing factor in a company’s ratings because they reflect its ability to survive in AutoInformed’s view – if the earth survives. Continue reading
Ford Motor Blues – Q1 Loss of $3.1 Billion
As with GM yesterday, Ford was battered by supply chain disruptions mostly beyond its control, as well as self-created costs from the valuation of its investment in Rivian with a mark-to-market loss of $5.4 billion on the company’s investment down from $10.6 billion at the end of 2021. Strong customer demand from the ongoing Biden Administration recovery wasn’t helped by Ford’s popular vehicles because of persistent supply chain issues that Ford was unable to adjust for. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed.com, ford credit, Jim Farley, John Lawler, Ken Zino
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Stellantis Hackathon – Hardware Enhanced by Software
It’s the latest example of the direction that mobility tech companies, aka automakers, are taking as the industry moves from only “hardware” involving stamping, welding and bolting to software-defined vehicles. Many if not all automakers are racing to grow from their old blacksmithing ways. Continue reading
GM Q1 $4 billion. Net $2.9B
“We are now in a rapid launch cycle thanks to investments and initiatives we have undertaken across our entire company over the last several years,” said CEO and Chair Mary Barra in a letter to shareholders released with the earnings. Continue reading
Kentucky Derby – BMW to be First Luxury Auto Sponsor
Additional paid advertising and marketing elements will include BMW as presenting partner of the American Turf Stakes race on Kentucky Derby day, a brand display at the VIP entrance and “The Ultimate Macaron Bar” at Taste of Derby. BMW will also have an interactive product display located at the main entrance of Churchill Downs. Continue reading
Milestones – Production Begins for Ford F-150 Lightning EV
Ford Motor, whose existence was tenuous during the Great Recession, is now the top automaker in America in terms of 2021 production, sales of US-made vehicles and employment of hourly autoworkers. The F-150 Lightning is the only full-size electric pickup available now with a starting price less than $40,000. Ford F-Series has been America’s best-selling truck for 45 years running and is second only to the iPhone in revenue among all American consumer products, according to a 2020 study. Continue reading
Ford Recalls 653,000 F-Series, Expeditions, Navigators for Bad Wipers – 18 Products Affected by Safety Defect
During August of 2021, Ford became aware of stripped wiper arm splines on certain Expedition vehicles as the defect was brought to Ford’s Critical Concern Review Group for review (CCRG). “Routine Ford monitoring of field data had identified reports related to driver or passenger wiper arms coming loose, not working, or detaching. Passenger and driver side wiper arms are independently attached to the wiper system linkage assembly. Several warranty reports contained technician comments indicating stripped splines in the wiper arms, as well as assembly alignment keys that fell out or were missing.” Ford said. Continue reading
Ford Recalls Explorer, Super-Duty F-Series for Safety Defects
Ford Motor is recalling 2020-2021 Explorer Police FHEV, Explorer Police 3.3L, and 2020-2022 Explorer 2.3L RWD, 3.0L PHEV, 3.3 L FHEV, and 3.0L ST gasoline vehicles because the rear-axle horizontal mounting bolt may fracture and cause the driveshaft to disconnect.
In another recall, Ford is recalling 2020 Super Duty F-250, F-350, F-450, and F-550 vehicles equipped with 6.7L diesel engines. A washer within the vehicle’s transmission can disintegrate, causing metallic debris to become lodged in the ‘Park’ mechanism. Debris lodged within the ‘Park’ mechanism may prevent the vehicle from achieving or holding ‘Park,’ increasing the risk of a vehicle roll-away and a crash.
Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.nhtsa.gov. Continue reading →